Allied Solutions Offers Subprime CreditScoring

Register now

DALLAS - (01/13/05) -- Allied Solutions said it haspartnered with Capital Lending Strategies LLC to introduce aprogram that allows credit unions to identify good credit risksamong lower credit scores. The solution can help members rebuildtheir credit scores with reasonably priced loans and reduces therisk for some high-risk borrowers. The product, called AlternativeLending, also includes collateral value insurance, coverage for thecredit union in case of a default. Allied Solutions is a unit ofMinnesota Life Insurance Co.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER